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MGC vs. MGK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

MGC vs. MGK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mega Cap ETF (MGC) and Vanguard Mega Cap Growth ETF (MGK). The values are adjusted to include any dividend payments, if applicable.

400.00%450.00%500.00%550.00%600.00%650.00%700.00%750.00%JuneJulyAugustSeptemberOctoberNovember
470.97%
685.28%
MGC
MGK

Returns By Period

In the year-to-date period, MGC achieves a 25.73% return, which is significantly lower than MGK's 28.03% return. Over the past 10 years, MGC has underperformed MGK with an annualized return of 13.65%, while MGK has yielded a comparatively higher 16.20% annualized return.


MGC

YTD

25.73%

1M

0.71%

6M

11.79%

1Y

32.79%

5Y (annualized)

16.05%

10Y (annualized)

13.65%

MGK

YTD

28.03%

1M

1.84%

6M

14.00%

1Y

34.08%

5Y (annualized)

19.59%

10Y (annualized)

16.20%

Key characteristics


MGCMGK
Sharpe Ratio2.592.01
Sortino Ratio3.422.64
Omega Ratio1.481.36
Calmar Ratio3.632.57
Martin Ratio16.619.77
Ulcer Index1.99%3.56%
Daily Std Dev12.76%17.32%
Max Drawdown-52.20%-48.36%
Current Drawdown-2.20%-2.75%

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MGC vs. MGK - Expense Ratio Comparison

Both MGC and MGK have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


MGC
Vanguard Mega Cap ETF
Expense ratio chart for MGC: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%
Expense ratio chart for MGK: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Correlation

-0.50.00.51.01.0

The correlation between MGC and MGK is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

MGC vs. MGK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap ETF (MGC) and Vanguard Mega Cap Growth ETF (MGK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for MGC, currently valued at 2.59, compared to the broader market0.002.004.002.592.01
The chart of Sortino ratio for MGC, currently valued at 3.42, compared to the broader market-2.000.002.004.006.008.0010.0012.003.422.64
The chart of Omega ratio for MGC, currently valued at 1.48, compared to the broader market0.501.001.502.002.503.001.481.36
The chart of Calmar ratio for MGC, currently valued at 3.63, compared to the broader market0.005.0010.0015.003.632.57
The chart of Martin ratio for MGC, currently valued at 16.61, compared to the broader market0.0020.0040.0060.0080.00100.0016.619.77
MGC
MGK

The current MGC Sharpe Ratio is 2.59, which is comparable to the MGK Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of MGC and MGK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.59
2.01
MGC
MGK

Dividends

MGC vs. MGK - Dividend Comparison

MGC's dividend yield for the trailing twelve months is around 1.18%, more than MGK's 0.43% yield.


TTM20232022202120202019201820172016201520142013
MGC
Vanguard Mega Cap ETF
1.18%1.35%1.65%1.17%1.45%1.81%2.10%1.82%2.14%2.11%1.81%1.86%
MGK
Vanguard Mega Cap Growth ETF
0.43%0.50%0.70%0.41%0.65%0.85%1.12%1.23%1.53%1.43%1.25%1.29%

Drawdowns

MGC vs. MGK - Drawdown Comparison

The maximum MGC drawdown since its inception was -52.20%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for MGC and MGK. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.20%
-2.75%
MGC
MGK

Volatility

MGC vs. MGK - Volatility Comparison

The current volatility for Vanguard Mega Cap ETF (MGC) is 4.37%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.64%. This indicates that MGC experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.37%
5.64%
MGC
MGK